SAUDI ARABIA —Saudi Arabian Refineries Company (SARCO) has awarded a SAR 33.50 million project to Raya Al-Tajdeed, a company owned by one of SARCO’s subsidiaries, for the Burjeel One Day Surgical Centre Project in Riyadh, Saudi Arabia. The award, dated 05 October 2026, covers the execution of civil, architectural and electromechanical works on a turnkey basis.
The project’s counterparty is Burjeel One Day Surgery Center, while Raya Al-Tajdeed is the designated awardee responsible for delivering the contracted works. The stated contract value of SAR 33.50 million. The agreement is expected to be signed on 26 October 2026, establishing the next formal step toward execution of the project.
The scope brings together multiple construction disciplines under a single turnkey arrangement, including civil works, architectural works and electromechanical systems. Such an integrated delivery model is relevant to healthcare infrastructure projects because it places responsibility for coordinating core building and technical systems within the project execution framework.
SARCO is a Saudi company operating in the refining and energy-related sector, while Raya Al-Tajdeed is an entity owned by one of SARCO’s subsidiaries and is undertaking the awarded project. Burjeel One Day Surgery Center is the healthcare facility associated with the Riyadh development, linking the contract to the expansion of specialized medical infrastructure in the Saudi capital.
The award adds construction activity to Riyadh’s healthcare infrastructure pipeline and creates demand across civil construction, architectural delivery and electromechanical contracting. For contractors and suppliers, the project provides a reference point for the continuing development of healthcare facilities requiring coordinated building and technical systems.
For investors and businesses assessing SARCO’s project activity, the award represents a SAR 33.50 million commitment associated with a defined healthcare development, although the company has not identified any related parties beyond those stated in the announcement. The planned contract signing on 26 October 2026 will mark the transition from award to formal contractual execution.
